Business, 12.04.2021 20:00 cat706

Suppose is currently producing per month at a total cost of $. What is average total cost of production? $ nothing. (Enter a numeric response using a real number rounded to two decimal places.) Now suppose increases production to , and the total cost of production increases to $. What is marginal cost of producing the th ? $ nothing. Since the marginal cost of production is than the average total cost of production, the average total cost of production must be ▼ rising falling .

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Suppose is currently producing per month at a total cost of $. What is average total cost of produ...

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